You need to make sure they are just crappy neighbors and not dangerous.

Overall I agree with your assessment, 100% leverage would be a very dangerous game.

The danger is poor management and having late payments creep forward causing a lack of funds when the rent payments are due.

I wouldn't allow any dangerous breeds, I stay under 45 lbs and all animals must be pre-approved.

If the landlord is in actual danger of loss of the premises or other hardship resulting from the loss of rental income from the premises, the landlord may apply to the court for disbursement of all or part of the funds so held in the court registry.

Just an update on this topic:The gas company local to this property, Southwest Gas, refuses any possibility that the meter might be a danger to occupants.

The real danger here is now that you have no car loan you start thinking you'll trade that free and clear car for a new one.

""For of men it may generally be affirmed, that they are thankless, fickle, false, studious to avoid danger, greedy of gain, devoted to you while you are able to confer benefits upon them, and ready, as I said before, while danger is distant, to shed their blood, and sacrifice their property, their lives, and their children for you; but in the hour of need they turn against you.""

Is it in danger of doing that?

I don't think you are trying to pull a fast one so much as I fear you might be playing cat and mouse with perhaps the most dangerous agency there is: the tax collectors.